EXTENSION AND MODIFICATION OF ELECTION TO EXPENSE CERTAIN REFINERIES.

SEC. 209. EXTENSION AND MODIFICATION OF ELECTION TO EXPENSE CERTAIN REFINERIES.(a) Extension.—Paragraph (1) of section 179C(c) (relating to qualified refinery property) is amended—(1) by striking “January 1, 2012” in subparagraph (B) and inserting “January 1, 2014”, and(2) by striking “January 1, 2008” each place it appears in subparagraph (F) and inserting “January 1, 2010”.(b) Inclusion of Fuel Derived From Shale and Tar Sands.—(1) In general.—Subsection (d) of section 179C is amended by inserting “, or directly from shale or tar sands” after “(as defined in section 45K(c))”.(2) Conforming amendment.—Paragraph (2) of section 179C(e) is amended by inserting “shale, tar sands, or” before “qualified fuels”.(c) Effective Date.—The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.